Global Positive Displacement Pumps Market 2017-2021, report considers the new installations, sales, and the maintenance and replacement services market.
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The analysts forecast global positive displacement pumps market to grow at a CAGR of 7.51% during the period 2017-2021. This report covers the present scenario and the growth prospects of the global positive displacement pumps market for 2017-2021.
To calculate the market size, the report considers the new installations, sales, and the maintenance and replacement services market.
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The report, Global Positive Displacement Pumps Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years.
The report also includes a discussion of the key vendors operating in this market.
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Following companies as the key players in the global positive displacement pumps market: Flowserve, Grundfos, ITT Goulds Pumps, KSB, and Sulzer. Other Prominent Vendors in the market are: Schlumberger, IDEX, Colfax, HERMETIC-Pumpen, and Verder.
The latest trend gaining momentum in the market is Increased emphasis for condition monitoring of pumps. Pumps comprise mechanical components, rotating parts, bearings, and mechanical seals.
Moreover, they are exposed to very high temperatures.
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Positive displacement pumps are used for applications, such as for pumping viscous liquids or liquids that contain suspended or fragile solids. These pumps are characteristically not capable of such a high flow rate as in case of the centrifugal pump, but they have the capability to produce high pressure.
Few positive displacement pumps use an expanding cavity on the suction side and a decreasing cavity on the discharge side. Fluid flows into the pump as the cavity on the suction side enlarges, and the liquid flows out of the release as the cavity collapses.
The volume remains constant through each cycle of the pump operation.
Further, the positive displacement pumps market report states that one of the major factors hindering the growth of this market is Highly competitive market. The global positive displacement pumps market is geographically diverse and highly competitive.
Vendors have to compete against large and well-established global companies as well as regional and local companies and low-cost replicators of spare parts. Vendors also face competition from in-house maintenance departments of the end-users.